Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingEUR/CHF is in a sideways move. After the rejection at level 1.1150, the market fell to level 1.1000 since March 16. Today, the pair is still fluctuating between levels 1.1000 and 1.1100. Yesterday, the pair tested the resistance at 1.1100 […]
ADA Price Analysis – April 06 Should the bulls are able to break up the price above $1.23 level, the resistance at $1.46 and $1.68 will be the target. Failure to break up the $1.23 level by the bulls may lead to the breakdown of $1.11 support level and the Cardano price may reduce to […]
Key HighlightsLitecoin rallies to $228 high and pulled backThe altcoin finds support above the previous low at $216 Litecoin (LTC) Current StatisticsThe current price: $222.90Market Capitalization: $18,773,442,271Trading Volume: $5,252,957,139Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis April 6, 2021Litecoin has continued to make positive moves on the upside. […]
Sterling is growing today along with commodity currencies. Trade was rather low, with most markets closed. US futures are pointing to a sharp increase in the opening, with the DOW likely to take advantage of sentiment to extend recent record highs. The euro and dollar are currently the weakest, followed by the yen and the […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishThe British Pound downtrend has been terminated on March 24 as bulls bought the dips. The pair has been in an upward movement since March 25. The pair’s price has broken above the SMAs.On March 5, a retraced candle body […]
Following a very bullish trading session on Monday, the cryptocurrency market has crossed the $2 trillion market valuation. The influx of financial institutions and institutional investors into the cryptocurrency industry has played a leading role in boosting the value of most of the high-market cap cryptos like Bitcoin, Ethereum, Cardano, Ripple, Polkadot, and many others. […]
The Bank of Japan (BoJ) officially announced that trials for its central bank digital currency (CBDC) are now live. The bank noted that the first phase of its trials should be completed by March 2022. According to a Reuters report, the trial will involve two phases. The BoJ will focus its trial on the technical […]
USD/JPY decreased a little after reaching the 110.83 level. Now it moves sideways within a potential continuation pattern. The pair decreased a little as the USDX and JP225 slipped lower. Still, further growth registered by these two indexes may bring a new momentum. Better than expected US data reported later today could boost the pair. […]
NZD/USD seems ready to get out from a minor range signaling more gains ahead. The price action has developed a Double Bottom reversal pattern. So, the pair could come back higher in the short term. The US data has come in mixed on Friday signaling that the USD could depreciate in the short term. It […]
